Macroeconomics
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industrial Production in Norway increased by 0.2 per cent in October compared with the previous month, according to seasonally-adjusted figures from Statistics norway on Wednesday.
the index of production varies much from month to month. In July, production was up 3.8 per cent on a monthly basis, before it fell 6.2 per cent in august and then rose to 2.3 per cent again in september.
Clear decline over the three months
Over the three months from august to October this year, the index by 3.2 per cent compared with the previous three-month period.
The clear decline in this period must be set in the context of particularly low activity in august, type SSB Wednesday.
Still, the drop is largely related to the low production within oljerettet industry. Here are the industries characterized by low activity and permitteringer, which among other things hangs together with the low investment activity in the oil and gas sector, points to STATISTICS norway on Wednesday.
In the course of the three months, the greatest decline was within the produksjonstypen the construction of ships and oil platforms fell by 12 per cent. Machine industry, computing industry, and electric utstyrsindustri and repair and installation also had a sharp fall.
Some of the decline will be curbed by growth within the oil refining, chemical and pharmaceutical industry. Here was the very high production in the field of pharmaceutical product, informs the STATISTICS.
Increase on a monthly basis
From september to October, where the production thus rose by modest 0.2 per cent, however, there was a clear increase in the construction of ships and oil platforms, while including food products and chemical raw materials fell clearly.
the Decline in the food industry due according to the SSB that there was low production of fish and fishery products in the period due to the premature harvesting in the previous periods.
chemical raw materials caused by the decline vedlikeholdsstans with some leading manufacturers, according to STATISTICS.
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